Rental Income Podcast With Dan Lane

Aaron bought a portfolio of 7 out of state properties from a turnkey company.
The properties were supposed to cash flow on day one, but it didn't work out that way. Aaron faced huge repair bills, evictions, and trouble renting his properties.
The repair bills were so bad, that last year he lost $36,000 on these properties.
On this episode, we figure out what went wrong. Is there anything Aaron could have done differently to have a different outcome? Did he buy bad properties or is this just bad luck? We'll figure it out.
https://rentalincomepodcast.com/episode451

Debbi talks about how her father started buying rentals over 50 years ago, and how that has created generational wealth for her family.
We talk about what he bought, how he financed his properties, and where he got the down payment money from.
Debbi also shares how much the property has appreciated and how much rent has increased.
https://rentalincomepodcast.com/episode450

On this episode we take a look back at some of Dan's favorite moments from 2023.
We hear from 4 investors:
* Scott talks about making $30K a month from his rentals (Episode 430)
* Marky bought a duplex and later found out it wasn't legal (Episode 404)
* Blake sold half of his portfolio and paid off the other half (Episode 438)
* Andy made a lot of mistakes, but still ended up with a profitable property (Episode 413)
Links to episodes:
https://rentalincomepodcast.com/episode449

Farris shares his journey from being a brand new investor to reaching financial independence in just a few years.
We talk about the kind of neighborhoods he's buying in, why he likes buying properties that are rent ready, and where he got the money from to start buying rentals.
We also talk about how many rentals Farris needed to reach financial freedom, and how many rentals he thinks the average investor needs.
Interested in learning more about how you can reach financial independence? Join the community:
RentalInnerCircle.com

Andrew shares how tapping into the equity he had sitting in his primary residence helped him get started investing in rentals.
Andrew also shares how house hacking to eliminate his monthly housing expenses, and becoming a part-time real estate agent, in addition to his day job, were also a huge part of earning extra money to invest.
On this episode also shares a few other ways he was able to find money to invest.
https://rentalincomepodcast.com/episode447

Saad shares his strategy of buying cheap houses and transforming them into two or three-unit buildings.
We talk about how he gets this approved by the city, and the challenges he's had with contractors.
Saad also shares how he is doing this without physically living in the same area as his rentals.
https://rentalincomepodcast.com/episode446

Joe shares how he built up enough cash flow from his rental portfolio to retire from his job.
We talk about what kinds of properties he's buying, where he got his down payment money from, and how he financed his portfolio.
Joe also talks about how higher rates is affecting his investing.
https://rentalincomepodcast.com/episode445

Tyler lives in an expensive area where the numbers didn't make sense to buy rentals.
He wasn't interested in getting involved with extensive rehab projects. He wanted something that was going to be passive.
He ended up investing in out of state in newly rehabbed and new construction properties.
On this episode, we talk about how he picked the areas he ended up investing in, how he did his due diligence, and how the properties have worked out.
Tyler also shares all the numbers for two of his deals.
https://rentalincomepodcast.com/episode444

Caeli Ridge from Ridge Lending Group shares that a lot of rental property investors get started by harvesting the equity they have in their primary residence.
As they are growing their rental portfolio, a lot of them tap into the equity they have created in their rental properties
On this bonus episode, Caeli shares the pros and cons of the different ways investors are harvesting equity.
https://rentalincomepodcast.com/Bonus-Equity-Caeli-Ridge

Mike owns a business that generates a lot of profit, and causes him to pay a lot of taxes. He started buying rental properties that generate a paper loss and legally brings his taxable income to $0.
On this episode, Mike shares how this is working for him.
We also talk about how Mike is buying rentals out of state, and look at the numbers for one of his properties.
https://rentalincomepodcast.com/episode443